Capital inflows and economic growth: does the role of institutions matter?

Recent evidence shows that institutions figure prominently in explaining the ‘Lucas paradox’. Using a threshold regression model, we extend this evidence to a situation where institutions index the relationship between foreign capital inflows and economic growth. We find strong and robust evidence t...

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Bibliographic Details
Main Authors: Slesman, Ly, Baharumshah, Ahmad Zubaidi, Wohar, Mark E.
Format: Article
Language:English
Published: International Institute of Finance and Economics 2015
Online Access:http://psasir.upm.edu.my/id/eprint/43994/1/Capital%20inflows%20and%20economic%20growth%20does%20the%20role%20of%20institutions%20matter.pdf
http://psasir.upm.edu.my/id/eprint/43994/
https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.1514
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